Mon, 28/09/2015, 01:12:16 - By Andy Young

Anheuser-Busch InBev's initial bid to takeover fellow brewing giant SABMiller could come as early as this week, according to some media reports.

The UK's Sunday Times newspaper reported that a source had said the two companies had held "friendly" talks in recent days. The paper went on to say that discussions were continuing over the weekend and that a firm offer could come from AB InBev "within days". Officially AB InBev has been given until October 14 to either make an offer for SABMiller, or withdraw from a takeover. 

Two weeks ago both sides confirmed that an approach for SABMiller had been made by AB InBev and that talks would be ongoing regarding a possible takeover. The pressure is now on SAB's chairman Jan du Plessis to make sure the company gets the best possible deal. It seems more likely now that SABMiller will accept a strong offer from AB InBev, especially as a number of key shareholders have indicated that they would back the move.

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